Forum di prova - Selling a short sale property is a great way to avoid forecl zhangsan520 - Lun Apr 22, 09:30:58 Oggetto: Selling a short sale property is a great way to avoid forecl
Selling a short sale property is a great way to avoid foreclosure
, but that doesn’t mean it’s easy. In fact, a lot of people who sell short sale end up losing thousands or doing more damage to their credit because of complexities in the process. But don’t let that stop you. Just like any other transaction, selling a short sale property is all about smart planning. Here are some steps you can take to help you sell short sale and avoid common pitfalls.
Verify your property’s value.
Your bank will want to know how much your short sale property is worth in today’s market, based on current information in your neighborhood. Your agent or broker can give you a comparative market analysis (CMA), which you can attach to your proposal to back up the value you’re planning to sell short sale for.
Add up the costs.
Short sale costs don’t just comprise the value of the short sale property. Insurance
, taxes, commissions, and closing costs all accumulate when you sell short sale, often adding up to several thousands. Again, your agent can help you determine the costs so you don’t get caught off guard when you get the final offer.
Determine the total proceeds.
Perhaps the most important element for your lender is the total proceeds of the sale; that is
, the total amount they’re getting back. This is basically the short sale property value minus the costs of the sale. You will also need to calculate the costs to the lender, or how much they’re forgiving on your loan. You can get this by subtracting the amount you owe from what you expect to get when you sell short sale.
Contact your lender.
Most banks handle short sale property cases through a Loss Mitigation office. When you call to say you want to sell short sale, make sure you have everything ready—your proposed price, property information, market data
, and any financial documents that can come in handy. Get informed on the process and timelines, and write down any documents they will need. The call may take a while especially with big lenders, but it’s important to keep your cool—after all, it’s your short sale property and you’re basically asking them to take a loss.
Sell your property.
Once your lender has approved the short sale and you’ve found a suitable buyer, you can move on to sell short sale. Your agent can help you market your short sale property and sell faster; this is important since short sales usually run on strict time frames. Once the deal is closed
, you pay any fees you owe the lender and walk away from your mortgage without any other obligations.
About the Author
The writer regularly writes on Short sale related issues like buying selling real estate short sale and loan modifications. His suggestions and views mostly on short sale are based on his professional experience. If you are looking for more information on short sale visit our blog http:shortsalesafe.blogspot
Domain Name IP Address And What Are They For?
Posted by nick_niesen on November 1st, 2010
When we talk about domain name, we are basically referring to an address of a web site that is primarily intended for an easy and quick identification. Speaking of these user-friendly addresses for web sites, these help connect both computers and people on the internet.
Given such fact, it is interesting to know that the domain name is understood as string of letters or numbers that is used to describe an IP address. This is the primary function of the domain name in the field of the internet. So
, since the domain name and IP address are somewhat connected, I will be using the term 聯domain name IP address聰 in this article聮s sense. So please bear with me.
Ah, but what is a domain name IP address? Or, an IP address in general? For your information, the acronym IP stands for Internet Protocol. This is so called as domain name IP address for the reason that this is the numeric address of any domain on the internet. As it is commonly noted
, domain name IP addresses are much similar with telephone numbers. I am sure that you know that there is a common name listed in the phonebook that is associated with a long string of numerals pertaining to a specific telephone.
Aside from that, it is also interesting to know that speaking of the domain name IP addresses; others noted that the domain name IP addresses are like the reference numbers that are applied to categorize the books in a library. As the library codes apply for you to know the title of a book to find in the library, the domain name IP addresses also function somewhat that way.
Essentially, a domain name IP address is a set of four numbers that are divided by dots. In particular, the domain name IP address looks like 203.23.56.166
, and each one of these numbers can be between 1 and 255. Just like the mentioned function of the telephone numbers and the reference numbers in the library, the domain name IP address is said to be that important in the internet. For a computer machine to be able to be located by the other computers on the internet, it is important that it must have its own domain name IP address that is distinct than the others.
The primary intention for creating the system of domain name IP address is for the people to connect to other computers on the internet by just applying an easy to remember name instead of a particular IP address. So as result, it is therefore important that the domain name must have matching IP address for it to function correctly. This is also one of the best explanations that show how the domain name and IP address are connected. This explanation alone led to the association between the two and thus being identified as a domain name IP address.
With the domain name IP address, you have the freedom to type either the domain name or the IP address into a web browser an.
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